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Segment Information Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Segment activity is as follows (dollars in thousands):

						Three months ended June 30,												Six months ended June 30,
						2024						2023						2024						2023
Net Sales
Packaging						$	131,930					$	117,320					$	258,950					$	233,540
Aerospace						77,720						59,800						145,060						109,790
Specialty Products						30,850						56,070						63,590						105,320
Total						$	240,500					$	233,190					$	467,600					$	448,650
Operating Profit (Loss) and Income Before Income Tax Expense
Segment operating profit
Packaging						$	18,020					$	17,280					$	35,130					$	31,670
Aerospace						10,430						2,630						17,560						4,060
Specialty Products						580						12,100						3,190						21,850
Segment operating profit						29,030						32,010						55,880						57,580
Corporate (a)						(11,180)						(11,950)						(25,590)						(27,530)
Total operating profit						17,850						20,060						30,290						30,050
Interest expense						(5,220)						(3,970)						(10,150)						(7,670)
Other income (expense), net						40						160						(280)						90
Income before income tax expense						$	12,670					$	16,250					$	19,860					$	22,470

__________________________

(a)     Corporate consists of the corporate office and related corporate activities. Corporate expenses primarily include compensation, benefits, professional services, information technology and other administrative costs. Corporate expenses reconcile reportable segment information to the consolidated totals.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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